Health Economics and Policy

Health Economics is a field of study that applies the theoretical concepts and empirical methods of economic analysis to various issues throughout the health sector, ranging from understanding underlying patient, provider and insurer behaviours to evaluate various healthcare interventions. It provides specialisation in the related fields of health economics, health policy and health care management with a particular focus on international health systems.It develops the capacity to design health reform programs, analyse policy effectiveness, perform economic evaluations of health care interventions, and identify challenges for policy implementation and governance issues by combining management skills with a sound knowledge of economics and public health policies.

Health policy can be defined as the decisions, plans, and actions that are undertaken to achieve specific health care goals within a society.